SEC Approves $4.6M Payout to BitClave ICO Investors
The SEC will distribute over $4.6 million to investors affected by BitClave’s unregistered ICO. The payout follows a claims process under the BitClave Fair Fund. The U.S. Securities and Exchange Commission (SEC) has verified the distribution of more than $4.6 million to investors who were affected by the unregistered initial coin offering (ICO) of blockchain […]
SEC Provides Reparations to BitClave ICO Investors
The payment is part of a settlement BitClave agreed to pay in 2020 after the SEC sued the search engine for failing to register as a securities offering. The U.S. Securities and Exchange Commission (SEC) announced on Nov. 20 that it has sent $4.6 million in reparations to investors affected by BitClave’s unregistered initial coin […]